Category «AI»

AI in Finance and Banking, May 15, 2024

This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions. Four highlights from this post: Artificial Intelligence and the Skill Premium; Rising Cyber Threats Pose Serious Concerns for Financial Stability; The Future Of Banking: Morgan Stanley And The Rise Of AI-Driven Financial Advice; and The Pitfalls of Mixing Up AI and Automation in Finance.

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Subjects: AI, AI in Banking and Finance, Congress, Cybersecurity, Economy, Financial System

Pete Recommends – Weekly highlights on cyber security issues, May 11, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Bank scammers using genuine push notifications to trick their victims; How VISA is using generative AI to battle account fraud attacks; War Zone Surveillance Technology Is Hitting American Streets; and Negating all VPNs may have been possible since 2002.

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Subjects: AI, AI in Banking and Finance, Cybercrime, Cybersecurity, Privacy

Pete Recommends – Weekly highlights on cyber security issues, May 4, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Five highlights from this week: 9 Disturbing Stories From People Who Say They Found Cameras in Their Airbnb; Stop Using Your Face or Thumb to Unlock Your Phone; How Netflix and Other Streaming Services Charge You Forever; Kaiser gave 13.4M people’s data to Microsoft, others; and Huawei has been investing in US research despite being banned.

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Subjects: AI, Cyberlaw, Cybersecurity, Financial System, Government Resources, Healthcare, Legal Research, Privacy, Social Media

Pete Recommends – Weekly highlights on cyber security issues, April 27, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Why Microsoft is a national security threat; You Should Make Your Apple ID Recoverable Right Now; How to change your Social Security Number; and Cops Are Now Using AI to Generate Police Reports.

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Subjects: AI, Big Data, Criminal Law, Cybercrime, Cybersecurity, Healthcare, Privacy, Social Media

Move Over Law Professors? AI Likes to Write Law Review Articles Too!

Sarah Gotschall describes this deep dive into how AI is used to write law review articles, with illustrations that detail the complexity and limitations of the effort. Claude (aka the illustrious author Claudia Trey) penned a 77-page extensively footnoted law review article on SSRN entitled “Bloodlines Over Merits: Exposing the Discriminatory Impact of Legacy Preferences in College Admissions.” Though not setting the world on fire in the sense that the article is interesting or that anyone wants to read it, it showcases Claude’s abilities. Now, we all know that AI text generators can churn out an endless stream of words on just about any topic if you keep typing in the prompts. However, Claude can not only generate well-written text, but it can also provide footnotes to primary legal materials with minimal hallucination, setting it apart from other AI text generators such as ChatGPT-4. And, although Claude’s citations to other sources are generally not completely accurate, it is usually not too difficult to find the intended source or a similar one based on the information supplied.

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Subjects: AI, Education, Legal Education, Legal Profession, Legal Research

Pete Recommends – Weekly highlights on cyber security issues, April 20, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: 1st-of-its-kind law protects ‘neural data’; Chinese Mafias’ New US Goldmine: Gift Cards; Fair Digital Finance Framework; and The invisible seafaring industry that keeps the internet afloat.

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Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Economy, Financial System, Government Resources, Healthcare, Legal Research, Legislative, Privacy, United States Law

TikTok fears point to larger problem: Poor media literacy in the social media age

In the past few years, Professor Nir Eisikovits and his colleagues at UMass Boston’s Applied Ethics Center have been studying the impact of AI systems on how people understand themselves. Here’s why I think the recent move against TikTok misses the larger point: Americans’ sources of information have declined in quality and the problem goes beyond any one social media platform.

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Subjects: AI, Data Mining, Internet Trends, Privacy, Social Media, Spyware

AI chatbots refuse to produce ‘controversial’ output − why that’s a free speech problem

Jordi Calvet-Bademunt and Jacob Mchangama are policy researchers who study free speech, as well as executive director and a research fellow at The Future of Free Speech, an independent, nonpartisan think tank based at Vanderbilt University. In a recent report, they found that generative AI has important shortcomings regarding freedom of expression and access to information.

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Subjects: AI, Education, Free Speech

Pete Recommends – Weekly highlights on cyber security issues, April 13, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Hijacked Facebook Pages are pushing fake AI services to steal your data; China-backed operatives used fake social profiles to gauge US political division, Microsoft says; LastPass: Hackers targeted employee in failed deepfake CEO call; Insurers Are Spying on Your Home From the Sky; and Hospital websites share visitors’ data with Google, Meta.

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Subjects: AI, Criminal Law, Cybercrime, Cybersecurity, Email Security, Financial System, Government Resources, Healthcare, Legal Profession, Legal Research, Social Media, Software

Pete Recommends – Weekly highlights on cyber security issues, April 6, 2024

Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly complex and wide ranging ways technology is used to compromise and diminish our privacy and online security, often without our situational awareness. Four highlights from this week: Cyber Safety Review Board: Microsoft security culture; DA says he shut down 21 sites stealing millions through crypto scams ‘inadequate’; CISA Publishes New Webpage Dedicated to Providing Resources for High-Risk Communities; and Does wiretap law apply to cookies on hospital websites?

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Subjects: AI, Cryptocurrencies, Cryptocurrency, Cybercrime, Cybersecurity, Economy, Healthcare, Legal Research, Privacy, Social Media, Spyware, Viruses & Hoaxes
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